Sometimes, young people act a bit rogue and make mistakes.
As long as these are not fundamental errors, leaders are generally generous and will forgive them.
On the other hand, you also need to be somewhat useful.
The district was also unusually concerned about this electric vehicle assembly company, which seemed to have emerged suddenly.
The main reason was its astonishing speed, so fast that people couldn't quite react to it.
From its registration and establishment on May 9th this year, it has been less than half a year, even by a generous estimate.
Yet, in just over five months, it transformed from a newly registered company into a large-scale enterprise with an annual output value of nearly 100 million, a truly astonishing speed.
Originally, most people in the bureau, including himself, were somewhat skeptical, thinking it was a fraudulent company.
However, investigations through on-site visits, third-party accounts, goods inbound, and electricity consumption revealed that it was actually true!
Only then did everyone seriously analyze and treat this highly potential company.
Despite its insufficient foundation, the company quickly entered the market with its novel design, low pricing, and very strong marketing, gaining consumer recognition.
Due to production capacity limitations, they couldn't quickly occupy the national market, but they cleverly focused on major cities with large populations, which was a very smart choice.
Thanks to national policy support, the electric vehicle industry is currently considered a relatively high-end industry.
Although Yongcheng and Beicang are manufacturing-focused, they are relatively weak in the electric vehicle sector.
If this gap could be filled, it would be an excellent achievement for both himself and the district.
The other party intended to apply for land to build a factory, and had also met the relevant standards.
This was naturally a good thing.
A weak foundation was fine, even better, as it could better demonstrate the role of the government.
Supporting an enterprise to grow stronger was no less of an achievement than attracting an existing large-scale enterprise.
In fact, the sense of accomplishment would be even greater.
How could something you nurtured yourself be the same?
What surprised everyone most was that the owner of this company was under 20 when he registered it.
Before registering Shanchi, he already owned two well-operating foreign trade companies.
His business talent was truly exceptional.
Tan Jincheng left feeling satisfied.
With over 3000 square meters, the design could accommodate five to six more production lines, boosting capacity to three times its current level, allowing for a maximum output of 30,000 units per month next year!
A production capacity of 30,000 units per month would fully support further expansion.
Local production in Beicang could also be arranged, and Fengchi might also be produced.
Very good, after a few days of being a little 'rogue', he finally got what he wanted.
Being young had its advantages.
For some matters, acting a bit 'rogue' wouldn't upset the leaders; instead, they might feel closer, satisfying their internal sense of accomplishment.
If an entrepreneur of similar age to the leader acted like a child, it would be somewhat off-putting.
Of course, all of this was premised on Tan Jincheng knowing that the district was currently focusing on him.
The electric vehicle industry chain was a new industry in Beicang.
Currently, it could only drive related industries such as molds, plastic products, and some very small components.
Core components like batteries and motors still needed to be sourced by Shanchi from outside the region.
If, under Shanchi's leadership, a new electric vehicle industrial park could be formed with its own complete industry chain, its contribution to the local economy would be immeasurable.
Tan Jincheng was well aware of this, which gave him the confidence to act this way.
When a person was still useful, some minor unconventional behaviors became less significant.
The bonded zone, also known as an export processing zone, began operations in 2002.
Its main functions included import and export processing, international trade, and bonded warehousing.
There were certain requirements for companies to enter, but also preferential tax policies.
Originally, Tan Jincheng hadn't considered acquiring such an excellent factory, as Shanchi currently had no export business.
But that didn't matter.
Once capacity increased next year, participating in a spring Canton Fair would meet the criteria.
However, this was only possible now.
The bonded zone had only been established for three years, so regulations for resident enterprises weren't as strict, and related functions were still being improved.
Coupled with Shanchi now being a key focus enterprise, things went so smoothly.
If a few more years passed, with Shanchi's current scale and without export qualifications, acquiring a factory of over 3000 square meters would be quite difficult.
Currently, foreign investment in the park was mainly from Taiwanese enterprises, primarily concentrated in electronic manufacturing.
As for domestic enterprises, they were diverse, including those solely engaged in trade and many in logistics.
Most of the goods exported by Jinpeng Trading and Jinyi Industry through customs were in cooperation with some companies in the park, in addition to some high-tech companies.
Furthermore, Tan Jincheng also wanted to integrate his businesses, as having them scattered in various locations was too troublesome.
The technical research and development, finance department, and marketing department from the Xiapu Industrial Zone could all be moved into the bonded zone because the environment there was better.
Here, a professional manager would be hired to be solely responsible for production, treating it as a large workshop.
Additionally, Jinyi Industry would also establish itself in the bonded zone.
Jinyi Industry had import and export business qualifications, making its entry more logical and also convenient for Tan Jincheng's management.
With a leader's care and the secretary personally handling the procedures, efficiency was naturally high.
Within a few days, Tan Jincheng officially signed the factory lease, everything went very smoothly.
All preferential policies were the same as for other resident enterprises, but they would only officially take effect starting January 1, 2006.
The prerequisite was that Tan Jincheng had to move the registered addresses of both companies to the bonded zone and also ensure that Shanchi would have export business in the future.
Tan Jincheng didn't mind this.
A few months' delay was fine; he could use these months to install the production lines.
As for enjoying benefits simply by changing the registered address, only a fool wouldn't do it.
It was important to know that export goods produced by enterprises within the park could enjoy export tax rebate policies, with rebate amounts reaching up to 100%! This single item alone was enough to attract companies to establish themselves there.
Furthermore, there were attractive preferential policies such as corporate income tax benefits, financial incentives, dedicated credit support, low fee policies, and exemption from rental service fees.
For the factory Tan Jincheng rented, there was a rent discount because he promised to relocate the registered addresses of both Jinyi Industry and Shanchi Motor to the bonded zone simultaneously.
Tan Jincheng signed a five-year contract with significant rent concessions: free occupancy for the first year, 50% of the rent for the second year, and 80% for the third year, a tiered preferential policy.
The 3000-square-meter standard factory building was fully equipped with utilities.
The layout of the various sections within the workshop was also better planned, making it much grander than the factory in Xiapu.
What's more, the first year was free, and the lease started counting from January 1, 2006, effectively granting 14 months of free rent, haha!
Watching Tan Jincheng grin widely, the accompanying secretary couldn't help but smile.
Being young was great; one could freely express one's feelings.
Anyone would be happy to own a 3000-square-meter formal factory at 20, but few would dare to laugh so unrestrainedly in front of a leader's secretary.
Zhao Jinsheng shook his head and chuckled,
"Wipe your drool, Xiao Tan. I have other things to do, so I'll be leaving now. Just call me if anything comes up."
Tan Jincheng was shameless enough to actually make a drooling gesture:
"Okay, okay, thank you, Brother Zhao. But for the loans later, I might still need to trouble Brother Zhao to help connect."
"Don't worry, you won't miss out on any of the benefits. Your diligent work and careful management are our greatest rewards,"
Zhao Jinsheng nodded.
Zhao Jinsheng had a majestic bearing.
It had to be said that Tan Jincheng's name was quite similar to that of Secretary Zhao.
Without mentioning their surnames, one might really think they were brothers, subtly adding to a sense of intimacy.
The name Jincheng in 2005 didn't have other connotations; it wasn't the so-called "first deep affection of Jiangnan."
It represented a bright future.
Whether in business or other industries, superstitious or not, having a good omen always brought some happiness.
"Please rest assured, leaders and Brother Zhao, I will manage diligently and will never let down your expectations."
"Alright, I'll be leaving then. You should quickly get the production lines set up. If you need any talent, you can also contact the Management Committee; they offer that service."
Tan Jincheng blinked and said,
"Thank you for the reminder, Brother Zhao. Another day, when you're not busy, please come to the factory to guide us."
Zhao Jinsheng understood immediately, and could only say helplessly,
"Stop flattering me. You know what kind of person I am. I'm not going to argue with you; I'm genuinely busy. If the leader hadn't personally instructed me, I wouldn't bother coming; sending someone else would have been enough."
At only 35 this year, he was already a confidant of the leader, with a promising future.
There was no need for him to make mistakes over small matters.
However, whether he was willing or not was irrelevant; the other party's attitude showed that he was still very sensible.
He didn't get carried away, relying on the district's desire to support a certain industry and the leader's attention.
This alone showed that this young man was actually quite good.
Although he sometimes seemed a bit 'rogue', he followed all the rules he should.
As for the loans he mentioned, that had nothing to do with him.
This was a preferential policy set at the inception of the bonded zone.
Whether he intervened or not, Tan Jincheng, with his skillful means, could still secure it.
His intervention was more about intentionally leaving a personal favor.
Shanchi Motor was in a loss-making state only during its official operating months of July and and August.
By September, it could achieve breakeven, and by October, it could cover all of this year's losses.
It could become profitable within half a year of its establishment, and its cash flow was very healthy, with large sums of money coming in at the beginning and end of each month.
There was absolutely no need to worry about loans.
Additionally, he also owned a wholly-owned electronic product import and export company and a clothing export company in which he held more than half the shares.
The cash flow of these two companies was also excellent.
Because of the leader's attention, Zhao Jinsheng had actually privately investigated these three companies and analyzed their cash flow situations.
From this, it was not difficult to see that Tan Jincheng, this excessively young boss, seemed to be taking all-in risks with every step, but in reality, he had very strict control over the companies' cash flow.
At the beginning of Shanchi Motor's establishment, he was even reluctant to take out bank loans for expansion, showing that his personality was still very cautious.
What a company fears most is a break in cash flow.
He realized this when he founded his first company, which put him far ahead of most entrepreneurs.
"Smooth enough, with a bottom line, and knows the rules. This young man really has something."
(End of Chapter)